Serenity Investment Advisors Acquires 75,329 Shares of Schwab U.S. Large-Cap Value ETF $SCHV

Serenity Investment Advisors lifted its holdings in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 8.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 961,436 shares of the company’s stock after purchasing an additional 75,329 shares during the quarter. Schwab U.S. Large-Cap Value ETF accounts for approximately 12.3% of Serenity Investment Advisors’ investment portfolio, making the stock its 2nd biggest holding. Serenity Investment Advisors owned 0.21% of Schwab U.S. Large-Cap Value ETF worth $32,025,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in SCHV. Avantax Planning Partners Inc. increased its stake in Schwab U.S. Large-Cap Value ETF by 0.3% in the 1st quarter. Avantax Planning Partners Inc. now owns 10,217,486 shares of the company’s stock valued at $311,633,000 after buying an additional 29,579 shares during the last quarter. Mariner LLC boosted its stake in shares of Schwab U.S. Large-Cap Value ETF by 3.8% during the 4th quarter. Mariner LLC now owns 9,103,028 shares of the company’s stock worth $269,542,000 after buying an additional 329,550 shares during the last quarter. Vantagepoint Investment Advisers LLC boosted its stake in shares of Schwab U.S. Large-Cap Value ETF by 0.8% during the 4th quarter. Vantagepoint Investment Advisers LLC now owns 8,516,803 shares of the company’s stock worth $252,183,000 after buying an additional 66,800 shares during the last quarter. Valpey Financial Services LLC grew its holdings in shares of Schwab U.S. Large-Cap Value ETF by 2,913.4% in the 4th quarter. Valpey Financial Services LLC now owns 6,251,249 shares of the company’s stock valued at $185,099,000 after acquiring an additional 6,043,804 shares in the last quarter. Finally, Cetera Investment Advisers increased its position in shares of Schwab U.S. Large-Cap Value ETF by 20.5% in the fourth quarter. Cetera Investment Advisers now owns 3,614,316 shares of the company’s stock valued at $107,020,000 after acquiring an additional 615,249 shares during the last quarter.

Schwab U.S. Large-Cap Value ETF Stock Performance

SCHV opened at $34.07 on Friday. Schwab U.S. Large-Cap Value ETF has a 52-week low of $27.39 and a 52-week high of $35.05. The firm has a market capitalization of $15.71 billion, a PE ratio of 19.08 and a beta of 0.82. The business’s 50-day simple moving average is $34.16 and its 200 day simple moving average is $32.48.

Schwab U.S. Large-Cap Value ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 29th. Stockholders of record on Wednesday, June 24th were paid a dividend of $0.1566 per share. The ex-dividend date was Wednesday, June 24th. This represents a $0.63 dividend on an annualized basis and a dividend yield of 1.8%. This is an increase from Schwab U.S. Large-Cap Value ETF’s previous quarterly dividend of $0.14.

Schwab U.S. Large-Cap Value ETF Profile

Schwab U.S. Large-Cap Value ETF (the Fund) goal is to track the total return of the Dow Jones U.S. Large-Cap Value Total Stock Market Index (the Index). The Fund’s index includes the large-cap value portion of the Dow Jones U.S. Total Stock Market Index available to investors in the marketplace. The Dow Jones U.S. Large-Cap Value Total Stock Market Index includes the components ranked 1-750 by full market capitalization and that are classified as value. The Index is a float-adjusted market capitalization weighted index.